LANDS & AGRICULTURE

Zim poultry farm hit by avian flu outbreak again

A Zimbabwean poultry farm has reported a second outbreak of highly pathogenic H5N8 bird flu, two months after it first occurred, the state-owned Herald newspaper said on Monday.Lanark farm, a commerci...

INDUSTRIALS & ENERGY

It's Game of Thrones at CFI

The battle for the throne at CFI Holdings (CFI) has escalated with market regulator - the Zimbabwe Stock Exchange (ZSE) - claiming it was unaware that British tycoon, Nicholas Van Hoogstraten's Messin...

Delta's Coke bottlers agreement runs until May 2018

Delta Corporation says the Bottlers Agreement with The Coca-Cola Company (TCCC) runs until May 2018 and engagements on the intention by Coca-Cola to terminate the agreement are now moving towards a co...

INDUSTRIALS & ENERGY

NTS profits narrow due to forex challenges

NATIONAL Tyre Services Limited (NTS) profits narrowed from $624 405 to $153 919 during the year ended March 2017, as the company continues to suffer from low consumer demand and foreign currency short...

LANDS & AGRICULTURE

CSC rolls out green pastures programme

THE Cold Storage Company (CSC) has engaged livestock farmers on a programme dubbed "green pastures" meant to enhance development of feedlots for quality production.CSC Marketing director, Mr Isaiah Ma...

FINANCIAL SERVICES

Cash crisis biggest headache in Zimbabwe

THE prevailing cash challenges are the major problem affecting rural households in the country, the latest Zimbabwe Vulnerability Assessment Committee (ZimVAC) report has said.The 2017 Rural Livelihoo...

TRANSPORT & TOURISM

NRZ rebrands workshop

THE National Railways of Zimbabwe (NRZ) has rebranded its workshop to offer external equipment repair services to private clients.NRZ public relations manager, Mr Nyasha Maravanyika, said the rebrande...

MINING & RETAIL

Blanket Mine on track to achieve revised target

CALEDONIA Mining Corporation has expressed optimism that its 49 percent owned Blanket Mine in Matabeleland South is still on track to achieve the 2017 revised production guidance of between 52 000 oun...

MINING & RETAIL

OK Zimbabwe records 19% revenue growth

ZIMBABWE'S largest retail group, OK Zimbabwe Limited said revenue for the first quarter of financial year 2018 grew 19 percent on the back of major promotions during the quarter.OK Zimbabwe runs one o...

MINING & RETAIL

ASA Resources shares suspended from LSE

Asa Resources Group PLC shares were last Friday suspended from the London Stock Exchange after the company was forced to delay implementing measures to address its dire cash-flow position because it e...

FINANCIAL SERVICES

EcoCash scales down debit card issuance

LISTED telecoms firm, Econet has scaled down the issuance of new debit cards for its mobile money service, EcoCash, in line with the central bank's directive to monitor foreign expenditure.Local finan...

MINING & RETAIL

Zimbabwe exploration back on the agenda

THE Mines and Mining Development Ministry has insisted on a combined role for the proposed Minerals Marketing and Exploration Corporation following efforts by legislators to separate the entity's func...

MINING & RETAIL

Sabi targets 25kg monthly gold output

ONE of the biggest gold mines in the Midlands Province, Sabi Gold Mine has set targets to produce an average of 25 kilogrammes of gold per month with effect from September with management expecting to...

FINANCIAL SERVICES

Banks freeze out ailing companies

THE Directors Protection Council of Zimbabwe (DPCZ) is fighting to save Bulawayo companies sinking in bank debts pleading with financial institutions to transfer their non-performing loans (NPLs) amou...

INDUSTRIALS & ENERGY

Sable Chemicals readies for full gallop

SABLE Chemicals - Zimbabwe's biggest ammonium nitrate manufacturer - is now operating at 30 percent capacity as it battles to rediscover its footing following remodelling of its plant to improve effic...

TRANSPORT & TOURISM

Zimbabwe Airways close to securing six jets

ZIMBABWE AIRWAYS - the new debt-free Phoenix rising out of the ashes of Air Zimbabwe - is in advanced talks with a Brazilian company to lease five aircraft to service underserved regional routes, it h...

MINING & RETAIL

CZI wants mines to buy local

THE Confederation of Zimbabwe Industries (CZI) has proposed the adoption of supplier development programmes in the country so that mines and suppliers work together to resolve issues hindering linkage...

TELECOMS & TECHNOLOGY

Outcry over DStv payments

A number of banks are demanding the elusive United States dollar and an extra commission to process DStv subscriptions for locals as more plastic money payment avenues are being closed, sidelining a n...

INDUSTRIALS & ENERGY

Zim govt to maintain 10% stake in cooking oil giant

The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing i...

FINANCIAL SERVICES

RBZ tightens screws on banks

The Reserve Bank of Zimbabwe (RBZ) is considering tightening screws on the banking sector by planning to make public bank ratings which show the health of banks to protect depositors, a senior central...

INDUSTRIALS & ENERGY

Share price row rocks CFI group

The sale of a parcel of CFI Holdings shares valued at US$1,5 million to British business tycoon Nicholas Van Hoogstraten last Thursday is now caught in controversy amid allegations the trade was betwe...

FINANCIAL SERVICES

Barclays to pay out $2,6m bonus

Barclays Bank Plc will pay out a £2 million (US$2,6 million) closing bonus to Barclays Zimbabwe Limited workers as the United Kingdom-based banking group divests from the local market after 105 years...

TRANSPORT & TOURISM

Zim Tourism Expo uptake surpasses expectations

PREPARATIONS for the 10th edition of Hlanganani/Sanganai World Tourism Expo are progressing well, with 240 companies having registered so far to participate, organisers of the event have revealed.The ...

INDUSTRIALS & ENERGY

Delta depot closure opens way for cheap imports, smuggling

THE closure of Delta Corporation's Victoria Falls depot this week is likely to open floodgates for cheap imported beverages and negatively affect local dealers in the resort town, the local business c...

MINING & RETAIL

Zim engages foreign chrome buyers

THE Minerals Marketing Corporation is directly engaging foreign chrome ore buyers to achieve premium prices and better returns for small-scale producers in a bid to cushion them from middlemen who are...